ZIP 77087 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77087 in the Houston housing market is $182,570, with a typical rent of $1,472 per month. That puts the local home-value-to-annual-rent ratio at 10.3.
Key stats
- ZIP 77087 is around the 11th percentile of tracked local ZIPs for home value.
- ZIP 77087 is around the 79th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.3.
- 110 homes went pending for every 100 new listings in the current reading.
- Supply and buyer competition did not produce a clear easing or tightening split.
- Typical home value
- $182,570
- Typical rent
- $1,472
- Homes for sale
- 43
- Buyer competition
- 53
- New listings
- 10
- Homes going pending
- 11
- Listings with price cuts
- 18.6%
Price and rent in ZIP 77087
ZIP 77087 is around the 11th percentile of tracked local ZIPs for home value. ZIP 77087 is around the 41st percentile of tracked local ZIPs for rent.
ZIP 77087 home value & rent trend (past 12 months)
Typical home value fell 2.8% over the past 12 months, from $187,824 to $182,570. It rose in 2 of 11 monthly readings. The largest monthly gain was +0.3% in January 2026.
Typical rent rose 4.5% over the past 12 months, from $1,409 to $1,472. It rose in 4 of 11 monthly readings. The largest monthly gain was +2.9% in June 2026.
How ZIP 77087 compares to the metro
ZIP 77087's typical home value is 27.7% below the metro median of $252,640. ZIP 77087's typical rent is 5.0% below the metro median of $1,550. ZIP 77087's buyer competition is 12.8% above the metro median of 47.
Supply, pending activity, and competition
ZIP 77087 is around the 14th percentile of tracked local ZIPs for for-sale inventory. ZIP 77087 is around the 79th percentile of tracked local ZIPs for buyer competition. 110 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 43 and 55 — a 12-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77061, 77033, 77012, 77023.
Continue your market research
- Is Houston Housing Market Cooling?Read the related local market analysis.
- Is Houston a Buyer's Market?Read the related local market analysis.
- Compare 77087 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77087 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77087 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77061 housing marketReview a nearby local market with the same core measures.
- ZIP 77033 housing marketReview a nearby local market with the same core measures.
- ZIP 77012 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77087 Housing Market Overview FAQ
What is the typical home value in ZIP 77087?
The typical home value in ZIP 77087 is $182,570 in the latest monthly reading.
What is the typical rent in ZIP 77087?
Typical rent in ZIP 77087 is $1,472 per month.
What is the home-value-to-rent ratio in ZIP 77087?
ZIP 77087 has a home-value-to-annual-rent ratio of 10.3.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules